Bowser Administration Celebrates 25th Anniversary of V-Tech Solutions and Grand Opening of the Holt Building

The Bowser Administration celebrated V-Tech Solutions, Inc. 's 25th anniversary and the grand opening of the Holt Building in Ward 2, underscoring the importance of local business growth. The $4. 5 million renovation project includes V-Tech's corporate headquarters, a new health venture, and the Holt Family Foundation, which focuses on education and workforce development. More than $929,000 in grants from the District’s Commercial Property Acquisition Fund and Small Medium Business Growth Fund facilitated the expansion.

Deputy Mayor Nina Albert highlighted these funds' role in creating long-term economic opportunities for local businesses. Victor Holt, founder of V-Tech, also serves on various boards advocating for small business development. The event reflects the District's commitment to enhancing its technology ecosystem and supporting entrepreneurs. Key investments in the FY26 Grow DC Budget include $2. 4 million for the Technology Ecosystem Fund and $52 million for the DC Venture Capital Program.

These initiatives aim to bolster job creation and sustainable growth in the local economy.